AngloGold Ashanti Limited (NYSE:AU) finished Wednesday with an addition of $0.66 to close at $18.89, an upside of 3.62 percent. An average of 3,038,740 shares of common stock have been traded in the last five days. There was a gain of $1.58 in the past week. The last 20 days have seen an average of 3,539,960 shares traded, while the 50-day average volume stands at 4,091,036.
AU stock has increased by 20.78% in the last month. The company shares reached their 1-month lowest point of $14.57 on 09/17/21. With the stock rallying to its 52-week high on 05/19/21, shares of the company touched a low of $14.57 and a high of $28.48 in 52 weeks. In spite of this, the price is down -33.67% from the 52-week high.
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AngloGold Ashanti Limited (AU) has a trailing price-to-earnings (P/E) ratio of 8.57, which compares with the 20.90 for the broader industry and 13.61 for the sector. In the last five years, AngloGold Ashanti Limited’s PE ratio has ranged between 94.00 and 7.946. The stock’s beta is 0.51. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.75, the price-to-book (PB) ratio at 2.08, and the price-to-cash flow ratio at 15.97.
AngloGold Ashanti Limited pays a $0.12 dividend per share annually. It offers a dividend yield of 0.64%. The company has a payout ratio of 21.90%. The company’s most recent quarterly dividend payment took place on Sep. 20, and it was $0.5252 a share, representing a up of 8.51 from $0.4805 last year. Its latest increase dividend $0.0447 reported on Friday August 20 2021. Dividends have grown by -0.70% each year over the last three years.
AngloGold Ashanti Limited will next go ex-dividend on 23-Jun. The next dividend payment AngloGold Ashanti Limited will make is expected to be $0.0.
The quick ratio of AngloGold Ashanti Limited for the three months ended June 29 was 1.60, and the current ratio was 2.40, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.48 and a total debt to equity ratio of 0.55 for the quarter ending June 29. On the profitability front, the trailing 12-month gross margin is 36.50% against a 5-year average of 25.9%. AngloGold Ashanti Limited’s EBITDA margin for the year ending June 29 is 46.26%, while its operating margin for the same period stands at 30.80%. Its gross profit as reported stood at $1.71 billion compared to revenue of $4.43 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, AngloGold Ashanti Limited’s return on assets was 11.70%, compared to 2.8% over the last five years. In the past year, the return on investment has been 14.40%, and the 5-year average is 5.5%. Meanwhile, the return on equity (ROE) for the past 12 months has been 25.30% and the 5-year average holds at 6.4%. For the broader industry, ROE averaged -13.62 over the past year.
The analyst consensus anticipated AngloGold Ashanti Limited’s latest quarter earnings to come in at $0.9 per share, but it turned out to be $0.39, a -56.70% surprise.
From a technical analysis perspective, let’s take a brief look at AngloGold Ashanti Limited (AU) price momentum. RSI 9-day as of the close on 13 October was 87.22%, suggesting the stock is Overbought, with historical volatility in this time frame at 9.23%.
As of today, AU’s price is $18.09 +9.13% or $1.58 from its 5-day moving average. AU is currently trading +20.86% higher than its 20-day SMA and -25.92% lower than its 100-day SMA. However, the stock’s current price level is -6.62% below the SMA50 and -17.19% below the SMA200.
The stochastic %K and %D were 91.71% and 89.97%, respectively, and the average true range (ATR) was 0.57. With the 14-day stochastic at 96.07% and the average true range at 0.56, the RSI (14) stands at 76.58%. The stock has reached 0.83 on the 9-day MACD Oscillator while the 14-day reading was at 1.57.
BMO Capital Markets downgraded AngloGold Ashanti Limited (NYSE: AU) to a a Market perform rating in its most recent analyst report. Previously, the stock was rated as a an Outperform.The consensus rating for AngloGold Ashanti Limited (AU) among analysts is Hold. According to current brokerage recommendations, 1 brokerage firm advise that investors sell AU, while 7 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 3 others rate it as a “buy”.
What is AU’s price target for the next 12 months?
Analysts predict a range of price targets between $13.90 and $25.38, with a median target of $20.62. Taking a look at these predictions, the average price target given by analysts for AngloGold Ashanti Limited (AU) stock is $19.72.